Data Center Infrastructure Management Market To Witness A High Growth By 2026
More Information @ http://bit.ly/2Oruni4 Healthcare applications will grow at 20
More Information @ http://bit.ly/2Oruni4
Healthcare applications will grow at 20
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Data Center Infrastructure Management Market to
grow at 20% CAGR till 2026: Global Market Insights
Inc.
(DCIM) Data Center Infrastructure Management Market size is expected to exceed USD
4.5 billion by 2026. Rising data center IP traffic and increasing demand for intelligent
physical infrastructure for supporting IT assets will drive the market growth over the forecast
timespan.
The growing adoption of cloud computing resources has led to the increased demand for the
construction of data centers. Players are investing highly in the construction of new
hyperscale data centers, propelling the demand to efficiently monitor and evaluate data
center components and infrastructure, thereby driving the DCIM market growth. For
instance, in March 2018, Facebook announced to invest USD 750 million for the construction
of a hyperscale data center facility in Newton County, Atlanta. Additionally, according to
Cisco Global Cloud Index, 2015–2020, the number of hyperscale data center facilities
globally is expected to grow from 338 in 2016 to 628 by 2021, majorly in the U.S. and China,
followed by Japan, the UK, and Germany
Data Center Infrastructure Management Market
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Some major findings of the DCIM market report are:
‣ Increase in consumer and business applications is contributing to the growing
dominance of cloud services globally. The growing adoption of social networking,
streaming video, and internet searches along with business applications, such as
Enterprise Resource Planning (ERP), collaboration, and digital analytics applications,
are increasing data generation
‣ According to Cisco Systems, it is estimated that the global data center IP traffic will
reach 19.5 ZB by the end of 2021, up from 6.0 ZB per year in 2016
‣ Rising data traffic and the need to manage massive data & cloud resources are
encouraging companies to invest in the construction of hyperscale data centers
globally
‣ Key players operating in the industry are Vertiv Co., CommScope, Inc., Rittal GmbH
& Co., KG, STULZ GmbH, Siemens AG, Schneider Electric, Cisco Systems, Inc., CA
Technologies, and ABB Ltd.
‣ Players are focusing on the development of advanced features and functionality in
DCIM software
‣ The growing trend of virtualization impacting data centers led to the increased
demand for DCIM systems for managing IT infrastructure and physical resources for
virtualized environments
In 2018, managed services accounted for around 35% of the industry share. These services
allow businesses to manage and secure critical IT services including colocation & data
centers, Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and cloud
computing. Service providers are helping data center operators in effectively managing
resources by providing visibility and control of their inventory and IT infrastructure assets.
Moreover, outsourcing these solutions offers several benefits, such as planning &
management, enhanced power tracking, control & operational optimization, capacity
utilization, and reporting capabilities, to support global expansion.
Healthcare applications will grow at 20% CAGR over the forecast timeline due to the
increase in investments in healthcare infrastructure and the need to scale data center
capacities. This growth is largely facilitated by the increase in data collected by medical
practitioners such as the complete medical history of a patient, prescriptions & diagnosis
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information, and information of the doctor or the surgeon. In such cases, the need for
effective DCIM software is vital to the operations of the industry.
There is a growing adoption of cloud computing, big data, and IoT technology in Latin
America. Cloud service providers, such as Microsoft Corporation and Google LLC, have
increased data center construction activities in the region. Such companies are investing
highly in these solutions to monitor the operations of high-density components and reduce
operational costs. These solutions provide regular maintenance of the infrastructure and
reduce infrastructure energy consumption, which will help enterprises in improving efficiency.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market
research and consulting service provider; offering syndicated and custom research
reports along with growth consulting services. Our business intelligence and industry
research reports offer clients with penetrative insights and actionable market data
specially designed and presented to aid strategic decision making. These exhaustive
reports are designed via a proprietary research methodology and are available for
key industries such as chemicals, advanced materials, technology, renewable
energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
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